Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $195.00 short put and a strike $190.00 long put offers a potential 21.95% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $195.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $190.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Goldman Sachs is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Goldman Sachs is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Goldman Sachs
[$$] Goldman and BlackRock among winners as Venezuelan bonds surge
Tue, 29 Jan 2019 04:00:26 +0000
Last week, Venezuelan opposition leader Juan Guaidó declared himself interim president, arguing that the government led by Nicolás Maduro is illegitimate. Subsequently, a host of countries, including most of Venezuela’s neighbours and the US, have recognised Mr Guaidó as the country’s legitimate temporary leader. “The chances of Maduro leaving have now ramped up, in which case the potential for the country to rebound economically and for oil production to come back is going to be much higher,” said Anthony Simond, a fund manager at Aberdeen Standard Investments, which holds Venezuelan debt.
Silver Shortage Promises to Boost Price in 2019
Tue, 29 Jan 2019 00:00:00 +0000
Silver surged 9.1 percent in December, its biggest monthly gain in almost two years. This year, with miners avoiding new projects amid global economic uncertainty, the price could spike as high as $17.50 an ounce from about $15.36 now, according to a Bloomberg survey of 11 traders and analysts. About 26,000 tons of silver is expected to be produced this year, according to estimates by Robin Bhar, a London-based analyst at Societe Generale SA. That would be the least since 2013, and means global physical demand will top supply for seventh straight year.
IMPORTANT DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against The Goldman Sachs Group, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Mon, 28 Jan 2019 20:40:00 +0000
LOS ANGELES, CA / ACCESSWIRE / January 28, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against The Goldman Sachs Group, Inc. (”Goldman Sachs” or ”the Company”) (NYSE: GS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between February 28, 2014 and December 17, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before February 19, 2019.
SHAREHOLDER ALERT: GS NVDA AGN DXC: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
Mon, 28 Jan 2019 19:00:00 +0000
NEW YORK, Jan. 28, 2019 — The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.
SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against The Goldman Sachs Group, Inc. (GS) and Lead Plaintiff Deadline – February 19, 2019
Mon, 28 Jan 2019 17:31:00 +0000
NEW YORK, NY / ACCESSWIRE / January 28, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against The Goldman Sachs Group, Inc. (“Goldman Sachs” …
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